Las Vegas Sands Gets Cheaper Casino Loan in Singapore Than U.S.
Sept. 13 (Bloomberg) — Las Vegas Sands Corp., the world’s biggest casino operator by market value, is paying less interest on loans to finance the first gambling resort in Singapore than it does at home in Nevada.
Related Gambling News:
- Las Vegas Sands to launch online casino
- Las Vegas Sands Submits $3.6 Billion Singapore Bid
- Las Vegas Sands Seeks $2.5 Bln Loan for China Casino
- Las Vegas Sands wins deal for Singapore’s first casino-resort
- Las Vegas Sands seeks funds for Macao
- Las Vegas Sands cutting 200 Vegas casino workers
- Sands could sell to Vegas-based firm for $148 million
- Las Vegas Sands Wins Singapore Casino Job
- Las Vegas Sands 2Q Earnings Rise 27 Pct.
- Las Vegas Sands Plans $2 Bln Loan for Macau Casino, Banker Say
- Lose Your Money Easier with Mobile Gambling from Las Vegas Sands
- Las Vegas Sands Q1 profit falls on casino opening expenses
Casino gambling facts:
- 2000: MGM Grand Inc. stages the gaming industry's largest corporate buyout with its $6 million purchase of Mirage Resorts Inc.
2005: Las Vegas celebrates one illustrious century on May 15. - Dog racing (a race among greyhounds who chase after a mechanical rabbit) operates in 17 states. Jai-alai (a game similar to handball) is legal in just three: Connecticut, Florida, and Rhode Island.
- Lotteries Have Been Prominent Throughout History. Ancient India, China, Greece, and Japan all had lotteries. The emperor Nero had lotteries for prizes at parties.
- A nationwide survey by the U.S. Travel Industry Association found that 38% of all U.S. residents have been to Las Vegas in their lifetime. The average length of visitors' stay in Las Vegas was almost 4 days (3.7).
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